数据显示，恒越基金旗下1只基金重仓富临精工。恒越智选科技混合A（019257）二季度增持7.43万股， 持有股数11.72万股，占基金净值比例为4.81%，位居第三大重仓股。根据测算，今日浮亏损失约12.3万 元。 10月10日，富临精工跌5.03%，截至发稿，报19.83元/股，成交16.00亿元，换手率4.64%，总市值339.05 亿元。 恒越智选科技混合A（019257）成立日期2023年11月17日，最新规模2537.62万。今年以来收益 24.52%，同类排名4313/8166；近一年收益26.45%，同类排名3767/8014；成立以来收益36.9%。 恒越智选科技混合A（019257）基金经理为杨藻。 截至发稿，杨藻累计任职时间1年329天，现任基金资产总规模3181.99万元，任职期间最佳基金回报 40.06%， 任职期间最差基金回报-22.56%。 资料显示，富临精工股份有限公司位于四川省绵阳高端制造产业园凤凰中路37号，成立日期1997年11月 10日，上市日期2015年3月19日，公司主营业务涉及汽车零部件和锂电正极材料的研发、生产和销售。 主营业务收入构成为：锂电正极材料68.09% ...

长江商报消息 ●长江商报记者 潘瑞冬 富临精工（300432.SZ）子公司易主"宁王"。 国庆节前夕，富临精工宣布，其联手锂电巨头宁德时代对子公司江西升华进行增资扩股。其中，富临精 工和宁德时代分别拟增资10亿元和25.63亿元，交易完成后，江西升华将易主宁德时代。 此前，富临精工和宁德时代已就江西升华频频合作。9月18日晚间，富临精工公告称，江西升华与宁德 时代签订15亿元预付款协议，用于锁定磷酸铁锂供应量。 锂电正极材料是富临精工主营业务之一，随着市场需求复苏，2025年上半年公司业绩继续好转。分季度 来看，公司的营业收入已经连续6个季度实现增长。 子公司将易主宁德时代 根据公告，富临精工和宁德时代分别拟10亿元、25.63亿元增资江西升华，江西升华合计获得35.63亿元 增资。交易完成后，宁德时代持有江西升华的股权比例提升至51%，富临精工持股比例为47.4096%，富 临精工合并报表范围发生变化，江西升华将成为宁德时代的控股子公司。 江西升华是富临精工子公司，是一家从事高压实密度磷酸铁锂正极材料研发、生产、销售的企业，是国 内磷酸铁锂正极材料草酸亚铁技术路线的开创者。 回溯公告，2024年8月，江西升 ...

在新能源汽车产业持续领跑全球、智能化转型加速推进的2025年，中国汽车产业链正经历深刻变革。在 这场浪潮中，一批具备核心技术和前瞻布局的"专精特新"企业正脱颖而出。深圳市富泰和精密制造股份 有限公司（以下简称：富泰和）凭借深耕汽车零部件领域近二十年的技术积淀与市场布局，在今年1月 正式叩响北交所大门，成为今年首家获受理的IPO企业。截至8月，公司已顺利完成两轮审核问询，正 稳步迈向资本市场新征程。 根据招股书，新能源车电驱零部件业务收入从2022年的94.11万元爆发式增长至2024年的2202.30万元， 三年间实现了超过20倍的惊人增幅。这种爆发式增长的背后，是富泰和作为"转型先锋"的硬核实力。公 司凭借在传统汽车领域的深厚技术积累和与国际一级供应商的长期合作关系，通过同步开发模式，迅速 切入新能源产业链的核心环节。 资料显示，富泰和已成功进入大众MEB平台、奔驰EVA2平台、以及特斯拉、比亚迪、蔚来、小鹏、理 想等主流新能源汽车技术平台，并成为博世、舍弗勒、采埃孚等智能驾驶供应链体系中的重要一员。 公开资料显示，富泰和致力于从事汽车发动机零部件、汽车底盘零部件、新能源车电驱零部件、家电卫 浴零配件研发、 ...

Core Viewpoint - Fulin Precision Engineering has shown significant stock performance and growth in revenue and profit, indicating strong market positioning in the automotive and lithium battery sectors [1][2]. Group 1: Stock Performance - On September 25, Fulin Precision Engineering's stock rose by 2.01%, reaching 16.26 CNY per share, with a trading volume of 760 million CNY and a turnover rate of 2.80%, resulting in a total market capitalization of 27.801 billion CNY [1]. - Year-to-date, the stock price has increased by 48.98%, with a 2.39% rise over the last five trading days, 5.65% over the last 20 days, and 24.98% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Fulin Precision Engineering reported a revenue of 5.813 billion CNY, representing a year-on-year growth of 61.70%, and a net profit attributable to shareholders of 174 million CNY, up 32.41% year-on-year [2]. - The company has distributed a total of 736 million CNY in dividends since its A-share listing, with 366 million CNY distributed in the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders increased to 91,200, up 18.56% from the previous period, with an average of 18,541 circulating shares per person, an increase of 18.07% [2]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which holds 13.2947 million shares, and new entrants like Southern CSI 1000 ETF and Oriental New Energy Theme Mixed Fund [3].

Core Viewpoint - Fulin Precision Engineering has experienced a significant stock price increase of 46.51% year-to-date, with a recent decline of 2.02% on September 18, 2023, indicating volatility in the market [2][1]. Company Overview - Fulin Precision Engineering Co., Ltd. is located in Mianyang, Sichuan Province, and was established on November 10, 1997. The company was listed on March 19, 2015. Its main business involves the research, production, and sales of automotive parts and lithium battery cathode materials [2]. - The revenue composition of Fulin Precision Engineering is 68.09% from lithium battery cathode materials and 31.91% from automotive engine components [2]. Financial Performance - For the first half of 2025, Fulin Precision Engineering achieved a revenue of 5.813 billion yuan, representing a year-on-year growth of 61.70%. The net profit attributable to shareholders was 174 million yuan, with a year-on-year increase of 32.41% [2]. - The company has distributed a total of 736 million yuan in dividends since its A-share listing, with 366 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Fulin Precision Engineering reached 91,200, an increase of 18.56% from the previous period. The average circulating shares per person increased by 18.07% to 18,541 shares [2]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which holds 13.2947 million shares, and new entrants such as Southern CSI 1000 ETF and Oriental New Energy Theme Mixed Fund [3].

Core Viewpoint - Fulin Precision Engineering has shown significant stock performance and financial growth, with a strong focus on lithium battery materials and automotive components [1][2]. Group 1: Stock Performance - On September 17, Fulin Precision Engineering's stock rose by 2.01%, reaching 16.25 CNY per share, with a trading volume of 688 million CNY and a turnover rate of 2.52%, resulting in a total market capitalization of 27.784 billion CNY [1]. - Year-to-date, the stock price has increased by 48.89%, with a 9.72% rise over the last five trading days, 1.63% over the last 20 days, and 23.48% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Fulin Precision Engineering reported a revenue of 5.813 billion CNY, representing a year-on-year growth of 61.70%, and a net profit attributable to shareholders of 174 million CNY, up by 32.41% [2]. - The company has distributed a total of 736 million CNY in dividends since its A-share listing, with 366 million CNY distributed over the past three years [2]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders increased to 91,200, up by 18.56%, with an average of 18,541 shares held per shareholder, an increase of 18.07% [2]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which holds 13.2947 million shares, and new entrants such as Southern CSI 1000 ETF and Oriental New Energy Theme Mixed Fund [2].

Core Viewpoint - The company reported significant growth in its main business segments for the first half of 2025, indicating strong performance in both automotive engine components and lithium battery cathode materials [1] Group 1: Financial Performance - The revenue from automotive engine components reached 1.837 billion yuan, representing a year-on-year increase of 13.34% [1] - The revenue from lithium battery cathode materials amounted to 3.837 billion yuan, showing a substantial year-on-year growth of 96.83% [1] Group 2: Future Outlook - Detailed production capacity information will be available in the company's semi-annual report disclosed on August 28, 2025 [1]

Group 1 - The company reported that its main business revenue from automotive engine components reached 1.837 billion yuan in the first half of 2025, representing a year-on-year increase of 13.34% [2] - The revenue from lithium battery cathode materials was 3.837 billion yuan, showing a significant year-on-year increase of 96.83% [2] - Detailed capacity information can be found in the company's semi-annual report disclosed on August 28, 2025 [2]

Core Viewpoint - Fulin Precision Engineering Co., Ltd. has experienced fluctuations in stock price and significant growth in revenue and profit, indicating a strong performance in the electric vehicle and battery materials sector [1][2]. Group 1: Stock Performance - On September 1, Fulin's stock price decreased by 2.03%, trading at 14.98 CNY per share with a total market capitalization of 25.612 billion CNY [1]. - Year-to-date, Fulin's stock has increased by 37.25%, but it has seen a decline of 4.59% over the last five trading days [1]. - The stock's trading volume was 443 million CNY, with a turnover rate of 1.73% [1]. Group 2: Financial Performance - For the first half of 2025, Fulin achieved a revenue of 5.813 billion CNY, representing a year-on-year growth of 61.70% [2]. - The net profit attributable to shareholders for the same period was 174 million CNY, reflecting a year-on-year increase of 32.41% [2]. Group 3: Shareholder and Dividend Information - Since its A-share listing, Fulin has distributed a total of 736 million CNY in dividends, with 366 million CNY distributed over the past three years [3]. - As of June 30, 2025, the number of shareholders increased by 18.56% to 91,200, with an average of 18,541 circulating shares per shareholder, up by 18.07% [2][3]. - Notable institutional shareholders include Hong Kong Central Clearing Limited and Jianxin New Energy Industry Fund, which have increased their holdings [3].

Company and Industry Summary Company Overview - **Company Name**: 星坐标 (Star Coordinate) - **Industry**: Automotive Engine Components and Robotics Key Points Industry and Market Position - Star Coordinate aims to become a leader in the humanoid robot dexterous hand screw processing field through its cold forging and fine grinding technologies [2][3] - The company is actively expanding into domestic markets, collaborating closely with major clients such as Volkswagen, General Motors, and domestic players like FAW-Volkswagen, BYD, and Geely [2][4] Core Technologies - **Cold Forging Technology**: This core technology reduces raw material waste through non-cutting methods, creating a significant technical barrier due to in-house mold design and precision maintenance [2][10] - **Cold Forming Techniques**: The company is exploring cold rolling and cold forging to lower costs for robotic micro-screws, aiming to enhance efficiency and overcome traditional processing bottlenecks [2][13] Financial Performance and Projections - The company has maintained steady growth, with projected profits of 220 million CNY in 2025, 260 million CNY in 2026, and 330 million CNY in 2027, sustaining over 20% growth [2][4][18] - Current valuation is approximately 30 times earnings, with expectations for a target market capitalization exceeding 15 billion CNY [4][18] Product Development and Market Expansion - Star Coordinate is developing new products for humanoid robots, including dexterous hand screws and plans to expand into leg and hand micro-screws, enhancing technical capabilities and market competitiveness [2][5] - The company is also diversifying its product line by developing new products like parking four-cylinder engines [6][9] Competitive Advantages - The unique cold forging and fine grinding processes provide cost and efficiency advantages, positioning Star Coordinate as a potential disruptor in the dexterous hand screw processing market [3][9] - The company’s in-house mold manufacturing is a critical competitive advantage, allowing for high precision and reduced costs [10][17] Industry Trends and Future Outlook - The penetration rate of cold forged components in the automotive sector is low in China, indicating significant growth potential [2][11] - The company is expected to maintain a growth rate of over 20% in the coming years, driven by expanding market share and increasing adoption of cold forging technology [11][18] Management and Ownership Structure - The ownership structure is concentrated, with the actual controller and their affiliates holding approximately 51% of the shares [7] - The management team has a strong technical background, with the founder and CEO directly overseeing R&D, enhancing the company's innovation capabilities [7] Challenges and Solutions - Current challenges in the industry include precision maintenance and bottlenecks in rough processing. Cold forging technology is seen as a solution to improve efficiency and reduce costs [14][16] Investment Recommendation - Star Coordinate is recommended as a key investment target due to its low valuation relative to peers in the basic components sector and its potential for significant market capitalization growth [18]